Industrial Minerals


Africa acquisitions see Fluormin emerge as key fluorspar player

11 October 2011

by Mark Watts

UK-based group acquires Sallies and Kenya Fluorspar stakes, ramps up production

Keywords: Fluormin, Sallies, Kenya Fluorspar, Glencore, FluorOne Trading, fluorspar, acidspar

Fluormin Plc, formerly named Maghreb Minerals, has repositioned itself as an Africa-focused fluorspar producer and trader, the company said in its full year results.

The AIM-listed group has acquired a 63% stake in Sallies, which this year restarted its Witkop fluorspar mine in South Africa’s North West province.

At the same time, the company has taken a 20% interest in Kenya Fluorspar Co. and disposed of its base metal exploration properties in Tunisia.

These...